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H.R. 8598

BillFederalHouseIn Committee
To provide for a 3 percent cost-of-living adjustment for social security and supplemental security income beneficiaries in calendar year 2021, and for other purposes.
About This Bill
Committee
Latest Action · October 16, 2020
Referred to the House Committee on Ways and Means.
Congress
116th (2019–2021)
Introduced
October 16, 2020
Sponsor
Rep. Peter DefazioD
Cosponsors (96)
95D 1R
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Summary

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Emergency Social Security COLA for 2021 Act This bill applies a 3% cost-of-living increase to Social Security benefits and Supplemental Security Income payable in calendar year 2021. The bill also disregards this increase for purposes of determining an individual's eligibility for federally funded, means-tested programs.

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